Wednesday, August 27, 2008

Update on the Madness!

If all goes as planned we will be officially homeless on September 12th! The inspection on our house happened on Monday and the appraisal will be tomorrow. Our buyer's realtor says that there was nothing big on the inspection and that will be finalizing the contract soon with just a few small repairs requested from the inspection. So we'll wait and see what that looks like!

We have not found a house. We offered on one house last week, the guy made us wait 48 hours for a reply, and then decided to rent instead of sell...we were a little annoyed! There isn't anything else we'd like to buy (listed or for sale by owner) so we will rent for the time being.

I never realized how hard it was to rent on a month-by-month basis until I tried to get this kind of lease... Fortunately, an opportunity has come up to rent a house that needs some significant "face-lift" type work - which will be done while we are renting it - but the good part is they will do month-to-month and the rent will be significantly less than we are paying for our mortgage now...which $$$ to save for a larger down payment or larger vehicle. We may need to remind ourselves of these +++ when we're washing up in the rust stained sinks or cleaning the 1970's CARPETED kitchen floor. ; )

We'll continue to look for our "dream home" and in the meantime get packing!!!

1 comment:

Sarah said...

Congratulations you guys. Good things are definitely on the horizon. I'm super excited for you. Selling a house right now is a huge challenge, so feel relieved that you did it.